Update 2: As we noted earlier, Trump’s “hard” Friday deadline was really rather soft, and as Bloomberg reports, the trade talks will resume next Wednesday. *U.S.-CANADA NAFTA TALKS SAID TO RESUME NEXT WEDNESDAY Separately, the USTR has released a...

Via GEFIRA, Italy’s economic growth is decelerating, which is even more inevitable in view of the country’s population decline. It looks as if the Italian business cycle had reached its peak in 2017, with a meagre 1.5% growth rate, and is now receding. Within ten...

Authored by Charles Hugh Smith via OfTwoMinds blog, The only possible output of this system is extortion as a way of life. As the accompanying chart shows, productivity in the U.S. has been declining since the early 2000s. This trend mystifies economists, as the...

Jurassic Park-style cloning facility to bring extinct species back to life… The new normal? PWC allows new hires to work when want… Mass brawl on plane after woman starts giving lapdances… Space station ‘hit by meteorite’; Depressurization… Franken-algorithms: Deadly...